IEC cancels Eshkol power station tender
Categories: Projects & Energy
Israel Electric Corp. (IEC) has canceled the Eshkol Power station tender and announced a pricing procedure.
Last month Eshkol Power Energies, a consortium of Dalia Energy Companies (TASE: DALIA) and Ta’avura won the tender with a huge bid of NIS 12.4 billion, far more than the NIS 7 billion bid by under-bidder OPC Energy (TASE: OPCE) – Noy Fund.
But the tender winners were unable to obtain financing for the project and Ta’avura left the consortium.
Read more here.
